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Ameren (AEE) Tops Q1 Earnings Estimates, Revenues Down Y/Y

Ameren Corporation Price and EPS Surprise

We have highlighted some of the key details from the just-released announcement below:

Earnings: Ameren Corporation surpasses earnings estimate. Earnings per share came in at 78 cents, compared with the Zacks Consensus Estimate of 70 cents.

Revenues: The company’s reported revenues of $1,556 million, declined 1.8% from the year-ago figure.

Key Stats: Ameren’s total electricity sales volumes declined 3.3% to 19,217 million kilowatt hours (kWh) compared with 19,869 million kWh in the year-ago quarter. However, gas volumes expanded 6.5% to 82 million dekatherms.

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https://finance.yahoo.com/news/ameren-ae...02626.html

Ameren (AEE) Misses Q1 Earnings and Revenue Estimates

Ameren (AEE) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -16.90%. A quarter ago, it was expected that this utility would post earnings of $0.31 per share when it actually produced earnings of $0.38, delivering a surprise of 22.58%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Ameren, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $1.44 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 9.13%. This compares to year-ago revenues of $1.56 billion.


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https://finance.yahoo.com/news/ameren-ae...09464.html